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"I Don't Love The Technical Setup" - Goldman Hedge Fund Honcho Warns Equity Bulls "Should Be Tapping The Brakes"

Business April 26, 2024

It has been an uneven week for US equities, yet, as Goldman Sachs' Tony Pasquariello notes "one that’s marked by an underlying tone of resilience."

i dont love the technical setup goldman hedge fund honcho warns equity bulls should be tapping the brakes

Although interest rates continue their drive higher, and the macro data set has been far from pristine, the market has found ballast in Q1 earnings (and an easing of risk premium).  

Previous article: "Next Week Is A Doozy" For Macro Catalysts; Nomura Prev Next article: Exxon Tumbles On One-Time EPS Charges Despite Surge In Cash Flow, Buyback Boost Next

Authored by Tyler Durden via ZeroHedge April 26th 2024

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